How Much Should You Really Spend on an Engagement Ring

There’s a time-old tradition that suggests we should spend two months’ salary on engagement rings. Let’s say that you bring home £2,000 each month; that equates to a £4,000 engagement ring.


But we are living in a time where traditions are afforded some flexibility. Spending two months’ salary on a ring simply isn’t realistic for everyone. Even those who are on a higher salary bracket might not want to spend so much on the ring. And you know what - that’s totally okay.

So, if you’re ready to pop the question - what should you really spend?

How Much Should You Really Spend on an Engagement Ring?

Now that the panic is over and you know that you don’t have to invest two month’s salary into your ring. In this jewellery blog we’ll talk about how you can set the right budget for you.

Consider Your Personal Finances


 

The engagement ring is only the beginning of this utterly magical journey in your life. You need to consider the overall budget of yours and your partner’s dream wedding. If you aren’t earning thousands of pounds each month or have some debts to pay off, don’t let this deter you from popping the most romantic question you’ll ever ask. Look at your monthly salary, your savings, and decide what the maximum is that you can spend.

Polls suggest that the vast majority of British people don’t care if their future betrothed spends thousands on a ring.

What type of ring does your significant other want?


Another myth about engagement rings that we’d like to bust is the one that says they should be diamond. This is where it helps to do some strategic research. Throw some subtle feelers out there to find out what type of engagement ring your beloved would really like. The saying, diamonds are a girl’s best friend,doesn’t apply to all women.

Whilst a diamond solitaire is the original engagement ring, your partner may prefer a different precious or semi precious stone. Get a sense of what she might like. Show her a jewellery blog and note which types of ring draw her eye. Also, consider her usual style of jewellery. And don’t forget your secret weapon - get some advice from her real-life best friend!

A Gold Vs Gold Vermeil Ring


 

Leading on from this, you also have other options besides the classic gold. When it comes to shopping for gold rings- the price will rise based on the number of carats. However, in place of a 24-carat gold band - consider a gold vermeil ring. This is silver sterling coated with a quality finish of 18-24-carat gold. It’s just as beautiful as pure gold, durable and much friendlier to the budget. Shop with a distinguished jeweller such as the Jewel Tree London for a quality gold vermeil ring.

Make It Personal

To recap - when it comes to choosing engagement rings, you need to set yourself a budget that reflects your own salary. What’s more important than the price tag is the ring itself - and finding the perfect one for your loved one.

Consult this handy engagement ring budget calculator published by Jewel Tree London's Blog.

 

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